Microsoft, IBM, Cisco Shares
Defy High-Tech Trend to Gain

Investors have mainly been giving the thumbs-down to technology shares for the past two months, with the group declining about 10% since the start of October.

But during that time, Microsoft , International Business Machines and Cisco Systems have raced ahead even as the tech pack has fallen behind. Both Cisco and IBM hit all-time highs Monday, though each declined Tuesday. Microsoft, meanwhile, avoided the tumble that the rest of the...